Santos, the Asia-Pacific LNG operator with assets in Australia and Papua New Guinea and that recently held unsuccessful merger talks with Australian peer Woodside, has issued its annual reserves statement showing resources comprising 84 percent natural gas and 16 percent liquids.

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Australian liquefied natural gas operator Santos has yet to detail any additional progress in its merger talks the Australian peer Woodside Energy for a combination valued at A$88 billion (US$58Bln), though has made advances on the Barossa gas project for Darwin LNG and signed deals with two Japanese companies for the Moomba carbon-capture and storage venture.

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BW Offshore is making progress on the Barossa natural gas floating production, storage and offloading (FPSO) project for the Timor Sea as part of plans to prolong the lifespan of the Australian Darwin LNG export plant.

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Australian LNG and energy company Santos said that the Barossa natural gas field joint venture aiming to supply backfill feed-gas for Darwin LNG has taken another step towards a final investment decision in early 2020 with the award of the gas pipeline contract.

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